GOP Embraces Neo-Hooverism

We will be known as the party of Herbert Hoover forever.” —Vice President Dick Cheney as he warned fellow Republicansabout the dangers in rejecting a Big 3 Bailout

ht FireDogLake

Rachel Maddow skewers Senate Republicans who killed the auto industry bailout bill. Failure to help the Big 3 jeopardizes 3 million jobs. Such a turn could plunge the global economy into a lengthy depression. Republican inaction, their taking their eyes off the prize to stick it to unions, mirrors U.S. President Herbert Hoover’s response to an economy in turmoil. Maddow plays it out with a Grapes of Wrath finale.